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market report · 47932
Covington, IN · 47932
11 active listings$270,000 median ask$2,363 est. rent0.9% price/rent
$270,000
Median list price
$2,363/mo
Estimated rent
0.9%
Price / rent ratio
11
Listings
FHFA home price index · 2016–2025
90.5% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.24
Median rent / sqft
10 comps
$145.70
Median sold / sqft
10 comps
—
Walkability
2.9%
Area unemployment
BLS LAUS
Median household income $59,811 · median home value $182,400 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 71).
3 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
516 7th St, Covington, IN 47932
Covington, IN
$59,900$1,905/mo3.2%
610 4th St, Covington, IN 47932
Covington, IN
$279,000$3,156/mo1.1%
14398 N 300, Covington, IN 47932
Covington, IN
$289,900$2,603/mo0.9%
1018 10th St, Covington, IN 47932
Covington, IN
$270,000$2,355/mo0.9%
1204 Orchard Dr, Covington, IN 47932
Covington, IN
$284,000$2,371/mo0.8%
106 Elm Dr, Covington, IN 47932
Covington, IN
$259,000$2,111/mo0.8%